NEWS RELEASE

Teijin Raises CO2 Reduction Targets for Fiscal 2030
Tokyo, Japan, August 6, 2021 --- Teijin Limited announced today that it has adopted
stricter 2030 targets for its reduction of CO2 emissions from in-house operations and thecompany’s entire supply chain, effective from July 2021. The in-house CO2 emissionsreduction target for fiscal 2030 has been raised to 30%, up from the previous target of20% compared to the fiscal 2018 emissions level. The supply chain target, which covers
two-thirds of total supply-chain emissions, newly incorporates a numerical target of 15%fewer emissions compared to the fiscal 2018 level.
In addition, these revised and new targets are positioned as Teijin’s long-term targets for
reducing environmental impact in its Medium-Term Management Plan.
The in-house target is in line with the Science Based Target initiative (SBTi) standards
aimed at limiting global warming to well below two degrees Celsius. The supply chain
target is also based on the SBTi standards.
The in-house target includes both direct greenhouse gas (GHG) emissions (GHGProtocol Scope 1) and indirect GHG emissions associated with the use of energy
supplied by other companies (Scope 2). Teijin uses the GHG Protocol as its standard for
calculating and reporting GHG emissions. The new in-house CO2 emissions-reduction
target is higher than the Japanese government’s official reduction target of 46% when it
is compared to Teijin’s actual emission results in fiscal 2013.
The 15% reduction in supply chain emissions covers purchased goods and services(GHG Protocol Category 1 of Scope 3) except trading businesses.

Range of new reduction targets

Changes in Teijin’s CO2 emissions-reduction targets (fiscal 2018 base year)Category
Previous Targets
New Targets- 30% reduction in Scope1 and 2In-house- 20% reduction by fiscal 2030
emissions by fiscal 2030
emissions- Net zero by fiscal 2050
- Net zero by fiscal 2050
- More avoided emissions than
- More avoided emissions thanSupply chain
total emissions by fiscal 2030
total emissions by fiscal 2030
emissions- 15% reduction in two-thirds of- No numerical targets
Scope 3 emissions by fiscal 2030

In December 2019, the Teijin Group established its long-term environmental targets
including reducing fiscal 2030 CO2 emissions by 20% compared to fiscal 2018 that wasin line with the Paris Agreement's goal of limiting the average global temperature rise toless than two degrees Celsius from pre-Industrial Revolution levels. The targets reflected
Teijin’s commitments both to the external environment and company growth. Morerecently, with the global community steadily moving closer to carbon neutrality, including
Japan and other countries adopting more aggressive targets, Teijin announced in April
2021 its support for Japan Climate Initiative’s message, which calls for an increase in thecountry’s contribution to the global movement. Furthermore, in January 2021, Teijincommitted to being validated under Science Based Targets (SBT), as expressed in acommitment letter that the company submitted to the SBTi. With today’s announcement,Teijin has now set more ambitious targets for reducing CO2 emissions to accelerate its
net-zero initiative.
Aiming to contribute to a sustainable society, Teijin offers advanced solutions in the fieldsof environmental value; safety, security and disaster mitigation; and demographic change
and increased health consciousness. As a people-focused company, Teijin providesinnovative solutions for enhanced quality of life and works to minimize any negative
impact on the environment or society through its business activities.
About the Teijin GroupTeijin (TSE: 3401) is a technology-driven global group offering advanced solutions in thefields of environmental value; safety, security and disaster mitigation; and demographic
change and increased health consciousness. Originally established as Japan's firstrayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing
three core business domains: high-performance materials including aramid, carbonfibers and composites, and also resin and plastic processing, films, polyester fibers andproducts converting; healthcare including pharmaceuticals and home healthcare
equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing
care and pre-symptomatic healthcare; and IT including B2B solutions for medical,
corporate and public systems as well as packaged software and B2C online services for
digital entertainment. Deeply committed to its stakeholders, as expressed in the brandstatement “Human Chemistry, Human Solutions,” Teijin aims to be a company that
supports the society of the future. The group comprises more than 170 companies andemploys some 20,000 people across 20 countries worldwide. Teijin posted consolidated
sales of JPY 836.5 billion (USD 7.7 billion) and total assets of JPY 1,036.4 billion (USD
9.5 billion) in the fiscal year that ended on March 31, 2021.
Press Contact
Corporate Communications
Teijin Limited
pr@teijin.co.jp